Leveraged ETFs
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I am looking to ride the ups and downs with leveraged ETFs that potentially magnify the returns 3 times. I started with UPRO with not so good results but now testing the strategies with a small amount of money using technology ETFs especially SQQQ and TECL
I am mainly using RSI and MA indicators to decide whether to go long or short. Hopefully this and paper trading exercise will help me to clarify the trading strategies. I have seen a good return in the past few days of choppy market, but it still too early to conclude.
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